While Protos has repeatedly covered the bizarre entity that is Justin Sun’s TRON Inc., including its string of merchandise for children, the stock price has continued to tumble.

Now, it’s hovering minimally above the $1 threshold necessary to stay listed on Nasdaq.

So what’s going wrong and is there any chance TRON can fend off a potential delisting?

What is TRON Inc. and what happened?

TRON Inc. is basically a TRON treasury company, similar to Strategy in relation to BTC, but without the complex financial shenanigans.

Instead, TRON Inc buys, holds, and stakes the TRON cryptocurrency, along with purchasing old IP and selling…